394 Bear Den RdSpartaNC28675
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Sparta at 394 Bear Den Rd, Sparta, NC, 28675 generates $1,350/mo in rent, after a $2,570/mo payment. Total monthly income is $1,350/mo. Return on cash invested sits at 7.21% in year one, and rental yield is 3.09% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 34.56% and total cumulative return in cash sums $59,697. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,350/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28675, Sparta, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,904 (100%) |
| Owner Occupied HU | 2,136 (54.7%) |
| Renter Occupied HU | 765 (19.6%) |
| Vacant Housing Units | 1,003 (25.7%) |
| Median Home Value | $295,390 |
| Average Home Value | $371,699 |
Housing Distribution
Address Breakdown
Residential
2,908
Single Family
2,908
Multi-Family
0
Businesses
340
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lesia Cockerham • Keller Williams Realty Elite
Mls Name: Triad MLS
Mls ID: #1190716